116 Prospect Avenue

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Address: 116 Prospect Ave, Binghamton, NY 13901, USA
New York & Tri-State + Apartment Buildings
Created date: June 30, 2026
Date last updated: October 1, 2026
Price: $230,000Investment Analyzer NEW!

Property Description

Well-Maintained 6-unit multi family property offering over 6,000 Square feet of living space. This building features a durable metal roof, hardwood floors throughout much of the property, numerous updates, and several renovated kitchens. Utilities include one electric meter, six gas meters, and six separate water heaters. Large building footprint with a strong income-producing potential for investors seeking to expand their portfolio. Property has benefited from ongoing improvements while maintaining its character and charm. Conveniently located near downtown amenities, public transportation and shopping. 3 apartments are rented and 3 apartments are vacant.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $230,000
No. of Units: 6
Year Built: 1960
Lot Size: 6,640.00 Sq ft
Opportunity Zone: No
Price per unit: $38,333
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 6
Address: 116 Prospect Avenue, BINGHAMTON, NY 13901, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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